The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
Mostly corrupt and greedy governments would be more interested in crypto for tax and revenue purposes. This is a detrimental way of thinking because instead of focusing on actual innovation and the good the technology can actually bring, citizens are instead left behind by progressive countries.
I would like to think that government should first let crypto realize its true potential and actually help humankind first. Taxation and revenue can come after.